Headquarters: 600 West Chicago Ave., Chicago, IL 60654-2800
Key officers: Scott Perry, President, Michael J. Buckley, Senior Vice President, Sales
Bankers Life and Casualty Company is part of the CNO Financial Group and is a leading insurance provider of Medicare supplement plans and long-term care insurance. It also offers home health care and life insurance coverage lines to a customer-base that primarily consists of senior citizens. Additionally, the company offers financial services tailored to the needs of seniors.
Some quick facts about Bankers Life and Casualty Company
Its predecessor company was formed in 1879 and the current organization came together in 1942.
Bankers experienced a major business boom in the 1940’s and early 1950’s thanks in part to a novel idea by its founder to market affordable health insurance policies through the mail.
The company was one of the first to market and develop nursing home insurance in the 1970’s.
The company partners with the Alzheimer’s Association and has organized “Forget Me Not Days” for the last seven years to raise money for the organization and increase awareness. In 2009, Banker’s volunteers and agents raised $229,000 for local Alzheimer Association chapters.
Source: Bankers.com
Compiled by Consumer Insurance Guide staff
